Overseas solar panel buyers are facing price increases as Chinese manufacturers look set to pass on higher costs to customers amid rising silver prices and the impending withdrawal of an export tax rebate.
Trina Solar, one of the world’s top four solar module makers by shipment volume, hiked its average selling prices by 3.5-3.66 per cent, to around 0.85-0.89 yuan per watt, according to a Tuesday note by Citibank. The Shanghai-listed company ships modules – a key solar panel component – to over 180 countries.
Longi Green Energy Technology, which derived nearly 40 per cent of its revenue in the first half from overseas market
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